OUE COMMERCIAL REIT MANAGEMENT PTE LTD 201327018E

333 Orchard Road, #33-01, Mandarin Orchard, Singapore, 238867

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Announcements

OUE COMMERCIAL REIT MANAGEMENT PTE LTD Administrator
Feb 16 2025 9.38PM
PODCAST: Unveiling OUE REIT's 2024 Financial Journey: Profits, Losses, and Future Prospects Shareholders

In this episode, we delve into OUE REIT's financial performance for the second half of 2024.

Analysis of OUE REIT's Financial Results:
 
* A discussion of OUE REIT's financial performance for 2H and FY 2024.
* The report highlights a positive rental reversion for Singapore office properties.
* Examination of Net Property Income (NPI), which decreased in 2H 2024.
* Analysis of OUE Bayfront's doubled share of joint venture in 2H 2024, attributed to fair value gains.
* Insight into the distribution policy and factors influencing it, such as management fees and working capital.
 
Capital and Debt Management:
 
* Details on OUE REIT's capital management strategies, including the issuance of a 7-year investment-grade Green Note.
* Discussion of the oversubscription and upsize of the Green Note offer due to strong institutional demand.
* Information about the establishment of a S$2.0 billion Euro Medium-Term Note programme.
 
Market Outlook and Strategic Positioning:
 
* An overview of CBRE's insights on the Singapore office market, including occupancy rates, rental trends, and factors affecting occupier sentiment such as high fit-out costs and work-from-home arrangements.
* Assessment of OUE REIT's strategic positioning to leverage Singapore's strong economic fundamentals and capitalize on the "flight-to-quality" trend.
* Consideration of challenges and opportunities in the hospitality sector, including the impact of tourism recovery and competition from regional destinations.
OUE COMMERCIAL REIT MANAGEMENT PTE LTD Administrator
Mar 31 2023 2.43PM
ANNUAL GENERAL MEETING:: VOLUNTARY Shareholders
There will be an AGM on
Event dates:
Meeting Date and Time20/04/2023 14:00:00
Response Deadline Date18/04/2023 14:00:00

For more information, click here: OUE COMMERCIAL REIT MANAGEMENT PTE LTD 2023 AGM

Questions from Shareholders